- ISIN
- US1104481072
- CUSIP
- 110448107
- Sector
- Consumer Defensive
- Industry
- Tobacco
- IPO Date
- Apr 14, 1980
Highlights
- Market Cap
- $132.59B
- Enterprise Value
- $167.19B
- EPS (TTM)
- $4.93
- PE Ratio
- 12.27
- PEG Ratio
- 0.46
- Total Revenue (TTM)
- $51.48B
- Gross Profit (TTM)
- $42.82B
- EBITDA (TTM)
- $20.34B
- Year Range
- $46.38 - $67.30
- Target Price
- $40.00
- ROA (TTM)
- 9.91%
- ROE (TTM)
- 22.60%
Share Price Chart
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Performance
BTI Performance Chart
British American Tobacco p.l.c. (BTI) is up 8.3% since the beginning of the year. At $60 per share, BTI is trading 10.2% below its 52-week high of $67. Investors who bought $1,000 worth of BTI shares 5 years ago would now be looking at an investment worth $2,273.
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Returns By Period
British American Tobacco p.l.c. (BTI) has returned 8.33% so far this year and 41.12% over the past 12 months. Over the last ten years, BTI has returned 6.75% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
British American Tobacco p.l.c.
- 1D
- -0.89%
- 1M
- 2.98%
- YTD
- 8.33%
- 6M
- 7.29%
- 1Y
- 41.12%
- 3Y*
- 33.38%
- 5Y*
- 17.85%
- 10Y*
- 6.75%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
BTI Monthly Returns History
Based on dividend-adjusted daily data since Apr 14, 1980, BTI's average daily return is +0.08%, while the average monthly return is +1.64%. At this rate, an investment would double in approximately 3.6 years.
Historically, 61% of months were positive and 39% were negative. The best month was Jul 1989 with a return of +41.1%, while the worst month was Oct 1987 at -32.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, BTI closed higher 45% of trading days. The best single day was Jul 11, 1989 with a return of +25.7%, while the worst single day was Sep 8, 1998 at -19.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.17% | 3.25% | -5.32% | 0.56% | 5.09% | -2.15% | 8.33% | ||||||
| 2025 | 9.14% | -1.79% | 8.24% | 5.27% | 3.79% | 6.37% | 13.42% | 5.98% | -6.70% | -2.16% | 14.59% | -2.19% | 65.81% |
| 2024 | 1.06% | 0.98% | 4.55% | -3.54% | 5.47% | 2.07% | 15.23% | 5.42% | -0.68% | -4.37% | 8.46% | -2.30% | 35.44% |
| 2023 | -3.73% | -1.12% | -5.90% | 5.50% | -14.41% | 4.70% | 3.60% | -1.43% | -3.22% | -4.93% | 6.80% | -5.82% | -19.97% |
| 2022 | 14.86% | 2.96% | -3.00% | -0.90% | 5.89% | -3.01% | -7.06% | 2.25% | -9.53% | 11.61% | 4.16% | -1.52% | 14.91% |
| 2021 | -2.51% | -4.08% | 12.62% | -3.18% | 3.09% | 1.66% | -2.88% | 0.64% | -4.48% | -1.02% | -3.64% | 13.43% | 7.95% |
Benchmark Metrics
British American Tobacco p.l.c. has an annualized alpha of 16.24%, beta of 0.54, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since April 15, 1980.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.04%) than losses (23.92%) - typical of diversified or defensive assets.
- Beta of 0.54 may look defensive, but with R2 of 0.10 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.10 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 16.24%
- Beta
- 0.54
- R²
- 0.10
- Upside Capture
- 74.04%
- Downside Capture
- 23.92%
Return for Risk
Risk / Return Rank
BTI ranks 82 for risk / return — in the top 82% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for British American Tobacco p.l.c. (BTI) and compare them to S&P 500 Index.
| BTI | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.83 | 2.39 | -0.56 |
Sortino ratioReturn per unit of downside risk | 2.52 | 3.25 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.43 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 3.01 | 3.11 | -0.11 |
Martin ratioReturn relative to average drawdown | 7.07 | 14.38 | -7.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
British American Tobacco p.l.c. provided a 5.10% dividend yield over the last twelve months, with an annual payout of $3.08 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.08 | $3.00 | $2.97 | $2.85 | $2.89 | $2.98 | $2.71 | $2.70 | $2.72 | $2.86 | $2.17 | $2.27 |
Dividend yield | 5.10% | 5.29% | 8.18% | 9.72% | 7.23% | 7.98% | 7.22% | 6.35% | 8.53% | 4.27% | 3.85% | 4.11% |
Monthly Dividends
The table displays the monthly dividend distributions for British American Tobacco p.l.c.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.83 | $0.00 | $0.00 | $0.00 | $0.83 | ||||||
| 2025 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.75 | $3.00 |
| 2024 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.74 | $2.97 |
| 2023 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.71 | $0.00 | $0.00 | $0.73 | $2.85 |
| 2022 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.00 | $0.74 | $0.00 | $0.74 | $0.00 | $0.00 | $0.67 | $2.89 |
| 2021 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.75 | $0.00 | $0.00 | $0.75 | $2.98 |
Dividend Yield & Payout
Dividend Yield
British American Tobacco p.l.c. has a dividend yield of 5.10%, which means its dividend payment is significantly above the market average.
Payout Ratio
British American Tobacco p.l.c. has a payout ratio of 85.20%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the British American Tobacco p.l.c.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the British American Tobacco p.l.c. was 64.11%, occurring on Mar 13, 2000. Recovery took 506 trading sessions.
The current British American Tobacco p.l.c. drawdown is 9.36%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -64.11%Mar 2000 | 1y 7mo | 2y 8d | 3y 8moJul 1998 - Mar 2002 |
COVID crash2020 | -56.00%Mar 2020 | 2y 9mo | 4y 10mo | 7y 8moJun 2017 - Feb 2025 |
Financial crisis2007–2009 | -42.76%Mar 2009 | 11mo 10d | 1y 5mo | 2y 4moApr 2008 - Sep 2010 |
1988 bear market1988 | -39.45%Jan 1988 | 3mo 16d | 1y 4mo | 1y 8moOct 1987 - Jun 1989 |
1994 bear market1994 | -28.51%Jun 1994 | 5mo 26d | 9mo 10d | 1y 3moDec 1993 - Mar 1995 |
Drawdown Indicators
| BTI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.11% | -56.78% | -7.33% |
Max Drawdown (1Y)Largest decline over 1 year | -13.75% | -9.10% | -4.65% |
Max Drawdown (3Y)Largest decline over 3 years | -13.75% | -18.90% | +5.15% |
Max Drawdown (5Y)Largest decline over 5 years | -29.94% | -25.43% | -4.51% |
Max Drawdown (10Y)Largest decline over 10 years | -56.00% | -33.92% | -22.08% |
Current DrawdownCurrent decline from peak | -9.36% | 0.00% | -9.36% |
Average DrawdownAverage peak-to-trough decline | -12.94% | -10.72% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 1.97% | +3.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of British American Tobacco p.l.c. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how British American Tobacco p.l.c. is priced in the market compared to other companies in the Tobacco industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for BTI, comparing it with other companies in the Tobacco industry. Currently, BTI has a P/E ratio of 12.3. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for BTI compared to other companies in the Tobacco industry. BTI currently has a PEG ratio of 0.5. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for BTI relative to other companies in the Tobacco industry. Currently, BTI has a P/S ratio of 2.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for BTI in comparison with other companies in the Tobacco industry. Currently, BTI has a P/B value of 2.8. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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